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The Next Frontier in HR Analytics

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Most HR departments are struggling to fully take advantage of analytics to unlock the true potential of their workforce. Although top-performing companies are three times more likely than lower performers to be users of analytics, only 14% of HR organizations are utilizing advanced or predictive analytics today. Organizations adopting workforce analytics have 8% higher sales growth, 24% higher net operating income growth, and 58% higher sales per employee. Here’s how you can achieve similar business results, using Oracle BI Enterprise for HCM Cloud Service:

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The Next Frontier in HR Analytics

  1. 1. The Next Frontierin HRAnalytics OracleTransactional Business Intelligence Enterprise for HCM Cloud Service Copyright © 2014 Oracle Corporation. All Rights Reserved. BUSINESS ANALYTICS
  2. 2. 2 Analytics are changing how every company department does business. However, most HR departments are struggling to fully take advantage of analytics to unlock the true potential of their workforce. According to Deloitte’s recent High-ImpactTalent Analytics: Building aWorld-Class HR Measurement and Analytics Function study, only 14% of HR organizations surveyed are utilizing advanced or predictive analytics today — the other 86% are still focused on creating basic reports and dashboards of talent metrics. Winning Through Analytics According to research by MIT and IBM, top- performing companies are three times more likely than lower performers to be sophisticated users of analytics.These early adopters of workforce analytics simply outperform. Organizations at the highest levels of talent analytics practice, including the adoption of workforce analytics, have 8% higher sales growth, 24% higher net operating income growth, and 58% higher sales per employee. How can you achieve similar business results? OracleTransactional Business Intelligence Enterprise for HCM Cloud Service, has been built from the ground up to help HR executives answer the tough questions they face every day, questions that require a combination of HR, recruiting, and financial data sources to drive effective business strategy. Introduction Source: MIT and IBM Research Study 8% 24% 58% Higher Sales Growth Higher Net Operating Income Growth Higher Sales Per Employee Highest Levels of Talent Analytics Practices More Features Highlights Gain 360º Insights Shape Outcomes Accelerate Agility More Value Introduction Get Started Introduction
  3. 3. 3 MoreValue OTBI Enterprise for HCM Cloud Service enhances OracleTransactional Business Intelligence Standard functionality included with Oracle HR Cloud by delivering advanced and predictive analytics designed for strategic problem solving and cross-source and functional analysis. The combined solution delivers more rapid answers to 100s of business questions through the most secure, integrated, and complete spectrum of analytics capabilities – all via the simplicity of the cloud – on any device. OTBI and OTBI Enterprise together cover the Full Spectrum OTBIEnterpriseOTBIStandard HRInformationMaturity Transactional Increasing Business Value Strategic What is happening? Why is it happening? What might be happening? Consolidated Reporting Data & Basic Reporting Basic Analysis Cross-Process and Functional Analysis Predictive Analysis • Data Integrity & Quality • Basic Employee Lists & Extracts • Compliance Reporting • Process-specific Analytics • Single Source of Data • Integrated Analytics • Multiple sources of Data • Organization, Job & Workforce Predictive Analysis • Cause & Effect HR Analytics Maturity Model More Features Highlights Gain 360º Insights Shape Outcomes Accelerate Agility More Value Introduction Get Started More Value
  4. 4. 4 Gain 360º Business Insights As a true business partner, HR must be able to ensure smooth processes, collaborate with other line-of-business managers, and become data-driven to better understand how to best manage people based on real data. However, data silos, both within HR and other functions, prevent many HR teams from achieving their key business goals in a timely manner. OTBI Enterprise for HCM Cloud Service breaks down information silos and delivers a unified cloud-based analytic foundation with predefined, industry-proven metrics to drive better decision making and leadership alignment at all levels. Chief HR Officer Use OTBI Enterprise for HCM Cloud Service to: • Boost leadership alignment at all levels • Develop competitive talent strategies to enable sustainable growth • Understand workforce health and composition Finance & Business Leader Use OTBI Enterprise for HCM Cloud Service to: • Manage headcount cost to budget • Optimize talent sourcing based on vendor, channel, and candidate performance • Increase retention of top performers HR Manager Use OTBI Enterprise for HCM Cloud Service to: • Support strategic planning and problem solving • Track key metrics in headcount demographics and movement • Monitor and optimize cost and efficiency of HR programs More Features Highlights Gain 360º Insights Shape Outcomes Accelerate Agility More Value Introduction Get Started Gain 360º Insights
  5. 5. 5 Shape Future Outcomes In a recent benchmark study byVentana Research, 55% of those surveyed assert that they use predictive analytics to create new revenue opportunities. Several innovative large organizations such as Google have started leveraging these types of analytics for their HR initiatives with great success in recent years. As the demand for top talent continues to rise, HR is looking for new ways to more aggressively and intelligently develop top talent, and source and recruit new talent. In order for that to happen, HR will need to know where the business is heading, what kind of talent is needed, in every region where their organization does business. Be One Step Ahead OTBI Enterprise for HCM Cloud Service delivers ready-to-use advanced analytics for historical, trending, and predictive analysis, as well as data enrichment across HR and other functional areas. It enables you to develop forward-looking strategies for key HR processes such as: • Talent Management: Correlate Oracle HR Cloud new hire performance and attrition with Oracle Talent Cloud recruiting source to better assess quality of hires. • Learning and Development: Combine learning with employee skills and performance to assess the impact of learning investments. • Attrition and Loyalty: Track headcount move- ment that describes the internal and external flow of headcount from hires, transfers-ins, transfers-outs, terminations, or organizational hierarchy changes. More Features Highlights Gain 360º Insights Shape Outcomes Accelerate Agility More Value Introduction Get Started Shape Outcomes
  6. 6. 6 Accelerate Business Agility Many business leaders are embracing packaged analytics to start solving business problems right away and HR executives are no exception. Predefined content allows them to spend less time preparing data and debating metrics, and more time strategizing and analyzing information across the business. OTBI Enterprise for HCM Cloud Service enables HR to respond to the needs of the business faster by delivering answers to key questions about workforce challenges and providing guidance to solve them. Faster Time to Value Leverage prebuilt metrics and best practices in OTBI Enterprise for HCM Cloud Service to quickly find answers to tough questions such as: • Are we maintaining a diverse workforce? • Are we paying our workers competitively? • Are we hiring high-performance employees? • Are we hiring according to plan? • How do we retain talent?What skills do we need? • Which recruiting sources provide the highest quality employees? • Where are staffing risks in the future? What’s the root cause of the risk? OTBI Enterprise for HCM Cloud Service includes six interactive executive dashboard pages, a library of over 150 reports, and over 400 metrics to provide the most comprehensive view of your workforce. More Features Highlights Gain 360º Insights Shape Outcomes Accelerate Agility More Value Introduction Get Started Accelerate Agility
  7. 7. 7 Delivered in the Oracle Cloud and designed specifically for HR executives, senior management, and analysts who use Oracle HCM Cloud Services, OTBI Enterprise for HCM Cloud Service delivers everything they need to gain 360º business insights, shape future outcomes, and accelerate business agility. Key features include: • Executive Dashboards - Understand your global workforce to drive targeted recruiting, hiring, development, and compensation actions • In-ContextAnalytics - Gain instant insight into key challenges and strategically impact workforce management initiatives • Cross-SourceAnalytics - Generate unified views of the workforce from across multiple business systems • Advanced and PredictiveAnalytics - Deliver historical, comparative, and predictive views that provide snapshots in time, data enrichment, and event interpretation • Workforce DeploymentAnalytics - View a complete picture of workforce demographics, hiring, attrition, promotions, transfers, and compensation • Talent ManagementAnalytics - Discover deep insights into employee performance, potential, alignment to skill requirements, and succession • RecruitingAnalytics - Understand which recruiting sources and geographies deliver top talent who stay with the organization longer • Workforce CostAnalytics - Understand global workforce costs and optimize employment strategies to meet workforce demand Highlights More Features Highlights Gain 360º Insights Shape Outcomes Accelerate Agility More Value Introduction Get Started Highlights
  8. 8. 8 • FastTime-to-Value - Prebuilt dashboards and analytics immediately deliver strategic insights • Easy-to-Use - Reduces training costs and increases user productivity with a single Oracle business analytics user experience • Easy Integration - Combine Oracle HCM andTalent Cloud data with Oracle E-Business Suite, PeopleSoft, and third- party external data sources for broader, enterprise-wide insight and analyses across different functional areas • AvailableAnywhere - Available on the web, tablets, and smartphones More Features More Features Highlights Gain 360º Insights Shape Outcomes Accelerate Agility More Value Introduction Get Started More Features
  9. 9. 9 Leveraging the experience of working with the world’s top HR teams and understanding their strategic goals and challenges across many different industries, Oracle’s Human Resource Analytics have been designed to provide the insights to HR executives and their teams to accomplish their strategic goals and proactively address future challenges. Only Oracle delivers an integrated set of tools for a complete spectrum of HR needs, including: global workforce planning, predictive modeling, compliance operational reporting, talent management, big data discovery, learning management, payroll, time, and labor. Customers can choose from cloud-based HCM Analytics solutions, widely popular on-premises solutions, or take a hybrid approach – reducing risk while speeding time to value. For more information visit OTBI Enterprise for HCM or call +1.800.633.0738 to speak to an Oracle representative. Get Started! Oracle has supplied the world’s top companies with human capital management solutions for decades and with this unparalleled experience, Oracle continues to modernize human capital management with a full set of Oracle Human Capital Management analytics. More Features Highlights Gain 360º Insights Shape Outcomes Accelerate Agility More Value Introduction Get StartedGet Started
  10. 10. 10 Copyright © 2014 Oracle and/or its affiliates. Oracle is a registered trademark of Oracle and/or its affiliates. All rights reserved. Other names may be registered trademarks of their respective owners. Oracle disclaims any warranties or representations as to the accuracy or completeness of this recording, demonstration, and/or written materials (the “Materials”). The Materials are provided “as is” without any warranty of any kind, either express or implied, including without limitation warranties or merchantability, fitness for a particular purpose, and non-infringement. Follow us at: Twitter.com/oracleanalytics Oracle Cloud on Facebook Oracle Cloud onTwitter Oracle Cloud onYouTube facebook.com/OracleBusinessAnalytics Final_v11 Safe Harbor The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

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